Renishaw Dividends and Buybacks
Dividend criteria checks 3/6
Renishaw is a dividend paying company with a current yield of 2.43% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 31st October, 2024.
Key information
2.4%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 1.2% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | UK£0.762 |
| Payout ratio | 57% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RSWL's dividend payments have been volatile in the past 10 years.
Growing Dividend: RSWL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Renishaw Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RSWL) | 2.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Electronic) | 1.6% |
| Analyst forecast (RSWL) (up to 3 years) | 2.9% |
Notable Dividend: RSWL's dividend (2.43%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: RSWL's dividend (2.43%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.2%), RSWL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113%), RSWL's dividend payments are not well covered by cash flows.